HomeMy WebLinkAboutURA RES 2017-07 RESOLUTION NO. 2017- 0
A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF
CALDWELL, IDAHO APPROVING AND AUTHORIZING EXECUTION OF THE NO
DEFAULT CERTIFICATES FOR THE URA BONDS SERIES 2012
(ADMINISTRATION BUILDING PROJECT) AND SERIES 2016 (SCHOOL DISTRICT
NO. 132 IMPROVEMENTS PROJECT).
BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE URBAN
RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO:
Section 1: Agency hereby authorizes its Chairman to execute the No Default
Certificates of which are attached as Exhibit A and incorporated by this reference.
Section 2: That this Resolution shall be in full force and effect immediately upon its
adoption and approval.
ADOPTED AND APPROVED THIS 13 day of3,\:,„,),„„t 2017.
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RESOLUTION NO.2017- , Page 1
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Urban Renewal Agency of the City of Caldwell
41I Blaine Street
Caldwell, Idaho 8:360)
February 13, 2017
Allison M. Blackman, Assistant Vice President
Zions Bank, a division of ZB National Association
Corporate Trust
800 W. Main Street, Ste 700
Boise, ID 83702
Re: Urban Renewal Agency of the City of Caldwell, Idaho Revenue Allocation (Tax
Increment) Bonds, Series 2016 (School District No. 132 Improvements Project)
The Urban Renewal Agency of the City of Caldwell, Idaho hereby certifies that to the best of my
knowledge and belief the Agency has kept, observed, performed, and fulfilled each and every
one of its covenants and obligations contained in the Resolution, and there does not exist on
the date of this certificate any Event of Default by the Agency under the Bond Resolution or any
Event of Default under Article XI or other event which, with the lapse of time specified in
Section 11.1, would become an Event of Default under Article Xl.
This Written Certificate of the Agency (Written Certificate) certifies that as the Chairman of the
Board of Commissioners, I have read the pertinent provisions of the Bond Resolution relating to
this certification. This certification is provided for in compliance with Section 9.10(D) of the
Bond Resolution. In my opinion I have made such examination or investigation as necessary to
provide such Written Certificate and the provisions relating to this certification have been
complied with.
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Rob Hopper, Chair ;n
Board of Commissi. ers
Caldwell Urban Renewal Agency